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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Sat Jan 24, 8:00AM CST

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on WisdomTree (WTResearch Report) and Truist Financial (TFCResearch Report) with bullish sentiments.

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WisdomTree (WT)

In a report issued on January 21, Michael Grondahl from Northland Securities reiterated a Buy rating on WisdomTree, with a price target of $19.00. The company’s shares closed last Thursday at $15.93.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 13.4% and a 45.8% success rate. Grondahl covers the Financial sector, focusing on stocks such as HIVE Digital Technologies, Abacus Global Management, and OneMain Holdings. ;'>

WisdomTree has an analyst consensus of Moderate Buy, with a price target consensus of $15.60, which is a -1.8% downside from current levels. In a report issued on January 13, TipRanks – OpenAI also upgraded the stock to Buy with a $15.00 price target.

See the top stocks recommended by analysts >>

Truist Financial (TFC)

Argus Research analyst Stephen Biggar maintained a Buy rating on Truist Financial yesterday and set a price target of $58.00. The company’s shares closed last Thursday at $50.30.

According to TipRanks.com, Biggar is a 5-star analyst with an average return of 17.4% and a 70.5% success rate. Biggar covers the Financial sector, focusing on stocks such as PayPal Holdings, JPMorgan Chase, and US Bancorp. ;'>

Truist Financial has an analyst consensus of Moderate Buy, with a price target consensus of $55.64, which is an 11.2% upside from current levels. In a report issued on January 7, TD Cowen also maintained a Buy rating on the stock with a $59.00 price target.

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